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WB sees 6.9% GDP plunge

The World Bank on Tuesday downgraded anew its 2020 Philippine economic growth forecast to -6.9 percent from -1.9 percent, which it said would slow...

Embark on a hassle-free online sourcing and networking journey

WHILE the Covid-19 outbreak continues to hamper global business activities, online sourcing has become the ultimate solution that makes trade transactions possible. Riding on...

Negative Q3 growth seen

The National Economic and Development Authority (NEDA) said recent indicators suggest that the Philippine economy continued to dive in the third quarter of the...

Govt plans to borrow P140B in October

The government plans to borrow P140 billion from local sources next month, according to a program released by the Bureau of the Treasury (BTr)...

ADB: Digital platforms to drive growth

Countries in Asia are urged to implement several reforms to leverage on digital platforms that are expected to drive growth in the region, the...

Last minute profit taking slumps bourse

Local shares ended in negative territory on Tuesday as it saw last-minute profit-taking. The bellwether Philippine Stock Exchange Index (PSEi) shed 0.34 percent or 19.79...

NEA seeks P9B for total electrification

THE restoration of the P9-billion budget of the National Electrification Administration (NEA) is being sought to realize the country’s total electrification agenda. In a statement,...

US, PH partner for economic growth

The United States, through the United States Agency for International Development (Usaid), and the Department of Finance (DoF) have signed a new P10.5-billion five-year bilateral...

P10B from Bayanihan 2 to help 50,000 MSMEs

The Small Business Corp. (SB Corp.) on Monday disclosed that a total of 50,000 micro, small and medium enterprises (MSMEs) are expected to benefit...

PSEi opens week with marginal gain

The local bourse snapped its losing streak to open the trading week only marginally up as investors remained cautious. The benchmark Philippine Stock Exchange Index...

PH manufacturing sector stabilizes in September

THE IHS Markit on Thursday reported that operating conditions faced by Filipino manufacturing firms were broadly stable in September. Results of the IHS Markit survey...

Magnitude 5.3 quake jolts Surigao del Sur

A magnitude 5.3 earthquake rocked Surigao del Sur on Thursday morning, the Philippine Institute of Volcanology and Seismology (Phivolcs) said. The epicenter was recorded at...

DoJ spokesman resigns

AN official of the Department of Justice (DoJ) on Thursday resigned from his post. In a statement on Viber, Undersecretary Mark Perete said he will...

Banknote with misspelled Duterte name not legal tender — BSP

THE Bangko Sentral ng Pilipinas (BSP) clarified on Wednesday that a banknote bearing a misspelled name of President Rodrigo Duterte circulating online is not...

Duterte respects House vote on Cayetano leadership — Palace

PRESIDENT Rodrigo Duterte respects the decision of members of the House of Representatives rejecting Speaker Alan Peter Cayetano's "offer" of resignation, his spokesman said...
 

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